Hi, I'm in a bit of a unique position. I built a lead generation website in a very boring local service niche that does very well and beats out 95% of the competition in Google for the biggest metro area in the US (New York). I charge per qualified phone call to the client who pays weekly. My position is this: I do not want to operate as a lead generator (middle man) any more as I feel this is not a stable business model for the future. So that being said I've decided I want to become owner or part-owner or sell it off and move on. Based on loose math I've done it could be a nice payout based on 1 years's worth of revenue it brings into the client if I were to sell it. Though, I'm wondering if you were in the position of getting hundreds of phone call leads per month for an industry you had zero passion for if you would stick with it and build it into a bigger/higher quality operation or sell it off to the client and move on to new projects that may be more in line with your passions and personal interests. I know this is a very subjective question and there probably isn't a 'right' answer. I feel that if I were to sell it I might wonder if I missed out on a stable business for the future (if I were to build it out) and if I didn't sell it I would be working in an industry that I don't care about and does not fulfill me. Thanks!
Look if it is a boring job & you did not feel passionate about the project, sell it. The problem with this belief is that it is limiting, leading us to think of passion as something we discover or happen upon. As a result, we may try many different jobs looking for the right “fit,” the role that instantly flips the passion switch, and we may not take into account the fact that it often takes time to develop one’s passion for a job, along with the skills, confidence, and relationships that allow one to experience passion for work. To better pursue your passion, challenge your assumption that passion is something to be discovered. Focus on actively developing a passion instead. Finally, you do not necessarily even need to pursue passion at work. If your job does not allow you to pursue your passion, or if you just don’t want to do so at work, you can find time and space to pursue activities you are passionate about outside of your job.
It is also important to understand when passion will not help you. In one set of studies, my co-authors and I found that passion is only linked to better performance when others agree with what one is passionate about, and when passion is expressed in an appropriate context. We find that expressing your passion may only help you if your audience already agrees with what you are presenting. If they are not already on board, your passion for the subject may not be effective in bringing them along. Similarly, if you are an entrepreneur, expressing passion for your idea may help bring investors on board, but expressing passion when discussing the term sheet may not have the same inspiring effect because of who we allow to demonstrate passion. Viewing passion as able to be developed, as a challenging ongoing process, and as something that may lead you astray may help us better achieve our goals.
Besides if you do have any questions give me a call: https://clarity.fm/joy-brotonath
Answered 3 years ago
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